Filing Offer Documents under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009
Summary
This circular modifies filing procedures for draft offer documents based on the estimated size of the capital issue. It mandates that issues up to INR 500 crores be filed with specific regional offices, while larger issues must be submitted to the Head Office in Mumbai. The directive requires Merchant Bankers to file three copies of draft documents and one copy of final documents.
Text
draft offer documents in respect of issues of size upto ` 500 crores shall be filed with the concerned regional office of the Board under the jurisdiction of which the registered office of the issuer company falls.
Estimated issue size greater than ` 500 crore ... All regions ... SEBI Bhavan, Plot No. C4-A, “G” Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051
file three copies of the draft offer documents / one copy of the offer documents with the office indicated above.
The amendments made vide this circular shall come into effect for all draft offer documents for issues which are filed with SEBI on or after May 14, 2012.
specified in exercise of the powers conferred under Section 11 read with Section 11A of the Securities and Exchange Board of India Act, 1992.
Source: SecMarx — Filing Offer Documents under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.